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Reps to probe NUPRC, IOCs compliance with Petroleum Industry Act

The House of Reps unveiled plans to investigate ongoing assets divestment by international oil companies operating in the Niger Delta

Niger deltaNigeria generalFederal republic of nigeriaIkenga ugochinyereGbenga komolafeHouse committee on petroleum resourcesNational assemblyPetroleum industry actPetroleum resourcesPetroleum industryNigerian upstream petroleum regulatory commissionPetroleum resources oilInternational oil companiesPetroleum resources midstreamHouse committeeNiger delta region

House of Reps blocks oil companies divestment in Niger Delta over compliance issues | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News

The House of Representatives has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Minister of State for Petroleum to withhold consent for international oil companies (IOCs) involved in the divestment of assets in the Niger Delta region until they comply with the Petroleum Industry Act (PIA) and NUPRC decommissioning guidelines. The lawmakers instructed […]

Niger deltaNigeria generalGbenga komolafeIkenga ugochinyereNigerian upstream petroleum regulatory commissionNational assemblyInternational oil companiesPetroleum industry actPetroleum resources midstreamPetroleum industryPetroleum resourcesHost communitiesGas resourcesIkenga imo ugochinyereEnsure international oil companies involvedNiger delta region